Africa | Egypt Oil & Gas - Part 14

Lekoil Raised $12.4m for Otakikpo Oil field

Lekoil, a West Africa-focused oil and gas exploration and production company, announced that it has raised about $12.4m to bring Nigeria’s Otakikpo field into commercial production.

Tanzania to Operate Gas Pipeline for 90 Years

The Project Manager for Tanzania’s 542km gas pipeline from Mtwara to Dar es Salaam, Allan Slowe, said the pipeline’s lifespan will extend from 30 to 90 years.

Dangote to Supply Gas, Fuel to Ghana

Dangote Group will supply natural gas to Ghana through West Africa Gas Pipeline Company.

Uganda Won Best NOC in Africa

The Uganda National Oil Company won the award of the best national oil company presentation at an oil and gas forum in South Africa

Nigeria’s Oil Output to Grow by 22%

Nigeria expects its oil production rate to grow by 22% by the end of 2016 to reach 2.2mb/d from current levels.

TANESCO Started Kenya–Tanzania Power Bids

Tanzania Electric Supply Company (TANESCO) has issued tenders to eligible bidders for the execution of work related to Kenya–Tanzania power interconnection project.

Nigeria to Explore Oil in Bauchi, Gombe

The Nigerian National Petroleum Corporation has concluded plans to move heavy equipment to Bauchi and Gombe States preparatory to oil exploration in an effort to move back to the Lake Chad Basin.

Sudan, China to Renew Oil PSA

Sudan and China discussed the renewal of the production sharing agreement (PSA) for Block B2 oil field in Heglig, located in the Sudan’s southern regions.

Zambia Increased Pump Prices

The retail price of petrol in Zambia would rise by nearly 39%, while the price of diesel would go up by 33%

NLNG, EFCC to Work on Transparency

The Nigerian Liquefied Natural Gas Limited (NLNG) and the Economic and Financial Crimes Commission (EFCC) will collaborate on ensuring continuous transparency in NLNG’s operations.

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